A) Presentation guidesB) 750 wordsI did chose IBM

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Answered 4 days AfterJan 22, 2024

Answer To: A) Presentation guidesB) 750 wordsI did chose IBM

Deblina answered on Jan 26 2024
23 Votes
introduction
INTERNATIONAL BUSINESS STRATEGIES FOR IBM
INTRODUCTION
IBM, or International Business Machines Corporation, holds a storied legacy as a global technology and innovation leader. Founded in 1911, IBM has evolved over the years, consistently adapting to the dynamic lands
cape of the tech industry. With a presence in over 170 countries and a diverse portfolio spanning cloud computing, artificial intelligence, and quantum computing, IBM stands as a testament to the power of continuous innovation.
SIGNIFICANCE OF INTERNATIONALIZATION:
The boundaries of business are no longer confined by geographical limits. Instead, companies must navigate a global landscape marked by interdependence and rapid change. Internationalization is not just an option but a strategic imperative for organizations aiming to expand their reach, mitigate risks, and tap into new growth opportunities.
The complexities of global markets require businesses to adopt a proactive stance in addressing challenges and leveraging opportunities. As we explore IBM's journey in internationalization, we aim to uncover the strategic importance and effects of expanding a worldwide organization in the face of these challenges.
Global Economic Conditions:
Challenges: IBM operates in an environment where global economic conditions can significantly impact its business. Economic downturns, fluctuations in currency exchange rates, and trade tensions can pose challenges to international expansion.
Opportunities: On the flip side, a globally diversified portfolio allows IBM to leverage growth opportunities in emerging markets with robust economic growth. By strategically aligning with countries experiencing technological advancement, IBM can tap into new markets and revenue streams.
Regulatory Environments:
Challenges: Navigating diverse regulatory landscapes across countries is a perpetual challenge. Varying legal frameworks, compliance requirements, and data protection regulations demand a nuanced approach to ensure adherence while maintaining operational efficiency.
Opportunities: By proactively addressing regulatory challenges, IBM can establish itself as a trustworthy partner for clients worldwide. Furthermore, aligning with favorable regulatory environments allows the company to streamline its operations and foster innovation.
Cultural Differences:
Challenges: Cultural nuances can pose significant challenges in international business. Differing communication styles, business etiquettes, and consumer behaviors require a keen understanding to avoid misunderstandings and cultural missteps.
Opportunities: IBM can turn cultural differences into an asset by fostering a diverse and inclusive organizational culture. By embracing cultural diversity, the company can gain insights into local markets, enhance creativity, and...
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